According to a report in the Financial Times, the U.K. bank quietly rolled out the digital wallet in Hong Kong as a response to competition from the likes of Tencent and Alibaba. In February, reports ... ( read original story ...)
UPDATE 1-Hansoh Pharma raises $1 bln in HK IPO priced at top of range-sources
HONG KONG, June 5 (Reuters) - Drugmaker Hansoh Pharmaceutical Group on Wednesday priced its Hong Kong initial public offering at the top end of its targeted range, two people with direct knowledge of ... ( read original story ...)
Hong Kong shares rise as U.S. Fed comments lift rate cut hopes
Shares in Hong Kong ended higher on Wednesday as comments from the U.S. Federal Reserve raised investor hopes for an interest rate cut this year. ** At the close of trade, the Hang Seng index was up ... ( read original story ...)
Extradition law is ‘final nail’ in Hong Kong’s coffin: activist
... two Hong Kong activists facing rioting charges in Hong Kong who have been granted refugee status by Germany. China’s Xinhua state news agency on May 25 said Beijing had made “solemn ... ( read original story ...)
Warburg-Backed ESR, Holders Seek Up to $1.24 Billion in Hong Kong IPO
(Bloomberg) -- ESR Cayman Ltd., a logistics real estate developer, is seeking to raise as much as $1.24 billion in a Hong Kong initial public offering. The company and some shareholders, including ... ( read original story ...)
Hong Kong activists hold candlelight vigil to mark 30th anniversary of Tiananmen
More recently, activists, as well as business and legal associations, have protested amendments making it easier to send criminal suspects in Hong Kong to mainland China, where they could face vague ... ( read original story ...)
Hong Kong Stocks at Tipping Point After Deepest Dip Since 2016
Hong Kong’s equities are nearing a turning point that could reward investors in the short term -- if they have the stomach for it. The Hang Seng Index has become the biggest victim of the U.S.-China ... ( read original story ...)
Hong Kong holds somber Tiananmen vigil as Beijing goes into lockdown
HONG KONG/BEIJING (Reuters) - Tens of thousands joined a somber ... Demonstrators gathered in the financial hub's Victoria Park, holding up candles and placards as others rallied next to a replica of ... ( read original story ...)
Hong Kong activists prepare to commemorate 30th anniversary of Tiananmen
The spirit of political activism has now passed to a younger generation, crystalizing in the 2014 Occupy protests, also known as the Umbrella Movement, which laid siege to Hong Kong government ... ( read original story ...)
Navigating Asia’s booming art market: An interview with Rebecca Wei, chairman of Christie’s Asia
Rebecca Wei is the chairman of Christie’s Asia. This interview was conducted by Joe Ngai, a senior partner in McKinsey’s Hong Kong office. ... ( read original story ...)
Hong Kong police officer found guilty of fraud for not declaring HK$200,000 gained in land deals on student loan applications
Indigenous villager Koo Chun-fai, 26, dishonestly omitted the land – from which he made HK$200,000 (US$25,640) – from two applications he submitted to the government’s Student Finance Office ... ... ( read original story ...)
Hong Kong ranks Asia’s No 4 business-friendly market after Thailand, South Korea and Japan
Hong Kong is the fourth easiest place do business in Asia, behind Thailand, South Korea and Japan, as compliance requirements has made the city less friendly to companies than before, according to a ... ( read original story ...)
Hong Kong activists prepare for Tiananmen candlelight vigil
HONG KONG - Pro-democracy activists in Hong Kong were preparing for a candlelight vigil Tuesday commemorating the 30th anniversary of the bloody Tiananmen crackdown, underscoring concern for Chinese ... ( read original story ...)
Hong Kong slips behind New York and Nasdaq in five-month global IPO rankings, as trade war takes a toll on sentiment
Hong Kong was the third biggest IPO market by proceeds raised in the first five months of 2019, according to data from Refinitiv The city failed to attract blockbuster IPOs while its US rivals bagged ... ( read original story ...)